Comments on: China the new Wall Street?

By: catarinaalexon

catarinaalexon — Fri, 29 Jun 2012 08:16:41 +0000

Let's see what happens long term with the global economy Sherryl.

By: keepupweb

keepupweb — Thu, 28 Jun 2012 21:27:20 +0000

As always Catarina, you have started a very interesting discussion. I believe the US is definitely keeping an eye on the situation. There's certainly enough discussions and differing viewpoints being offered by economists. I found Susan Oakes, comment about the mandarin language being the second most popular language spoken in homes. We have had this discussion before. I truly believe that anyone who is seriously looking into doing business globally should consider learning Mandarin. I for one think that it should be available as an elective in our public school systems. My recent post The Powerful WordPress Text Widget

By: catarinaalexon

catarinaalexon — Thu, 28 Jun 2012 07:56:14 +0000

Glad we agree Bethany.

By: projectwhitespace

projectwhitespace — Wed, 27 Jun 2012 21:22:22 +0000

Catarina, Jeannette said something about foreign investors parking their investments in the U.S. because of their "faith" in the U.S. dollar. But that's just it: it's faith. As far as I know, that's all that it is, because the U.S. dollar has failed. Correct me if I'm wrong, but it's just a matter of time before that faith runs out and there will need to be some other currency, whether it's the yuan or something else, to take it's place. It almost sounds like China is positioning themselves strategically here, by tripling the amount that can be invested there. Like you've said, it won't happen overnight, but, it wouldn't surpise me! My recent post Potential as Beauty and Goodness

By: KRYSTYNA PALONKA

KRYSTYNA PALONKA — Wed, 27 Jun 2012 11:24:18 +0000

We are talking many different thinks in one brief.
1. International currency
-..still ca 80% of world transactions are in US$-….but China has signed swap agreements separately with 20 countries to hold their mutual transactions in yuan
-60% of international reserves are in US$- still a long way to go..official yuan outflow abroad is small and Via very few hubs HK, London
-inter-bank clearances and individual savings..Still rather held in US$- looking globally.
So as we see it will take …50
years lets guess.. if nothing horrible happens in China
2. Capital markets- with internal operations under state control.and not fix rules yet…it is quite risky …but exciting to try to operate on Chinese markets for foreigners… Chinese players however have not big choice..
Conclusion..it is exciting to try but unless there are more transparent rules and variety of instruments… hopefully more sophisticated .. the play is for courageous and risk taking enthusiasts… but didn't they won huge stakes in the past???

By: catarinaalexon

catarinaalexon — Wed, 27 Jun 2012 07:31:36 +0000

True Leora, who knows what the future holds.

By: Leora

Leora — Tue, 26 Jun 2012 18:11:52 +0000

Catarina, you bring forward some excellent information about current trends regarding financial markets and China. I am terrible at future predictions, but years ago, I remember a friend fearing Japan would take over the U.S. markets. Well, that didn't happen. Who knows what the future holds. My recent post Is this Post Too Technical for You?

By: catarinaalexon

catarinaalexon — Tue, 26 Jun 2012 13:33:56 +0000

Jeannette, it's not going to happen over night. Troughout history "empires come and go" and the United States is no exception. What will the world look like, say, 50 years from now or a hundred?

By: Jeannette Paladino

Jeannette Paladino — Tue, 26 Jun 2012 12:53:34 +0000

The political system in China is, I believe, the stumbling block to China becoming the new U.S. or center of finance. It is too unreliable for the world markets to have trust in its ability to be the dominant and stabilizing global currency. Despite our problems, foreign capital is still pouring into the U.S. In New York alone, foreign investors are setting new records for the prices they are paying for luxury housing. They are parking their money here because of their faith in the U.S. dollar. My recent post Stuck Trying to Learn WordPress? WPBeginner Offers Tutorials and Tips

By: catarinaalexon

catarinaalexon — Tue, 26 Jun 2012 08:11:05 +0000

Yes Susan. It could, couldn't it.